Exam 6: Understanding the Management Process
Exam 1: Exploring the World of Business and Economics251 Questions
Exam 2: Ethics and Social Responsibility in Business282 Questions
Exam 3: Global Business257 Questions
Exam 4: Choosing a Form of Business Ownership221 Questions
Exam 5: Small Business,Entrepreneurship,and Franchises219 Questions
Exam 6: Understanding the Management Process206 Questions
Exam 7: Creating a Flexible Organization198 Questions
Exam 8: Producing Quality Goods and Services221 Questions
Exam 9: Attracting and Retaining the Best Employees227 Questions
Exam 10: Motivating and Satisfying Employees212 Questions
Exam 11: Building Customer Relationships Through Effective Marketing217 Questions
Exam 12: Creating and Pricing Products That Satisfy Customers281 Questions
Exam 13: Distributing and Promoting Products252 Questions
Exam 14: Exploring Social Media and E-Business154 Questions
Exam 15: Using Management and Accounting Information193 Questions
Exam 16: Mastering Financial Management246 Questions
Exam 17: Understanding Personal Finances and Investments21 Questions
Exam 18: Enhancing Union-Management Relations22 Questions
Exam 19: Risk Management and Insurance20 Questions
Exam 20: Business Law regulation and Taxation20 Questions
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Middle managers are generally responsible for developing an organization's mission.
(True/False)
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Kerry works at a hospital where he is responsible for coordinating the activities of managers who oversee the department managers.The hospital is making new door signs for its offices.The painting contractor needs to know what title to put on Kerry's name sign.Which of the following most accurately describes his position at the hospital?
(Multiple Choice)
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Foreign competition,poor financial performance,and more demanding customers have encouraged businesses to place more emphasis on quality.
(True/False)
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What is the most significant difference between leaders and assembly line workers in regard to affecting the behavior of others?
(Multiple Choice)
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Of the three styles of leadership,the most effective is the participative style.
(True/False)
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Rodrigo Tools,concerned about its loss of market share in previous years,has recently implemented several programs to encourage prompt and courteous customer service,employee self-management,and better coordination with suppliers.Rodrigo Tools is making an effort to achieve
(Multiple Choice)
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The leadership style advocating that a leader involve subordinates in most decisions as well as the assignment of tasks is called
(Multiple Choice)
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____ resources are used to meet obligations to investors and creditors.
(Multiple Choice)
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When the management of a large grocery store heard that Target might be coming to town,they developed alternative courses of action they could take if their competitive landscape changed.What type of plan did they develop?
(Multiple Choice)
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When Sears first decided to sell its merchandise online,the manager in charge of the process had to hire a technical staff to create the website,gather other resources necessary for the project,and ensure the site would be introduced in an effective and efficient manner.This is a description of the manager's ____ function.
(Multiple Choice)
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Quick and Fast Enterprises has very short deadlines and must have materials out in proper order,intact,billed properly,and routed to the specific individual to whom they are addressed.The CEO has monthly meetings with employees to discuss what can be done to make the business more efficient.At the conclusion of the meetings,the CEO analyzes the input by himself then brings in the heads of finance,materials,logistics,human resources,and operations to provide feedback to questions he has.He also asks them for insight into how the issues have arisen and the possible effects of implementing the changes he is considering.After meeting with the managers,he makes a decision and sends out a memo to all managers with instructions that the changes must be implemented and how he envisions implementation should take place,and the projected timeframe.When he has reached this point,he expects full and complete cooperation and exact compliance with the instructions.What type of leadership style is this CEO most likely using?
(Multiple Choice)
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A plan is an outline of the actions by which the organization intends to accomplish its goals and objectives.
(True/False)
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Although Martin is not in top management,he is charismatic and well liked by others in his organization.Other employees often look to Martin to see how he reacts to new policies implemented by top management,and they follow his lead.Martin has ____ leadership in his organization.
(Multiple Choice)
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Identify and describe each of the major steps in the managerial decision-making process.
(Essay)
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Michael Dell is the CEO of Dell,a large computer manufacturer.He started the company himself,building and selling computers during college.Although he does not frequently use these skills now,it is likely that he has good ____ skills.
(Multiple Choice)
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When Arnold took a new position at Galbrook Manufacturing Company,the firm was near insolvency.One of Arnold's first acts was to establish specific goals for sales growth and a strategy for achieving them.He also changed the organizational structure and developed an elaborate control system for keeping the company on track.Arnold is functioning in a(n)____ position at Galbrook Manufacturing.
(Multiple Choice)
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A company like Motorola might establish a goal of reducing its inventory by 50 percent over the next year.To ensure that it reaches this goal,the company could monitor its progress on a quarterly or monthly basis.If the managers at Motorola discover that there is a danger of not achieving this goal,they can take corrective action to adjust for the deficiency.This is a description of the managers' ____ function.
(Multiple Choice)
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How does the organization's mission differ from its strategic planning?
(Essay)
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